INVITE-ONLY SCRIPT
Fincandle Momentum ATR Tracker
Description (Compliant for Invite-Only Vendor Script)
The Fincandle Momentum ATR Tracker is a dynamic momentum-based strategy that combines price action with the Average True Range (ATR) to identify high-probability trend shifts.
It works by tracking an adaptive ATR trailing line that adjusts with market volatility. When price crosses this trailing line, it signals potential momentum reversals and dynamically switches between long and short positions.
Key Concepts:
ATR-based Trailing Logic: Adapts to volatility, allowing the stop line to follow price action smoothly.
Momentum Confirmation: Crossovers between price and the trailing line identify early trend reversals.
Dynamic Targets: Uses ATR multiples for both stop-loss and take-profit placement, maintaining consistent risk-reward profiles.
Clean Visuals: Buy/Sell markers and colored bars highlight current bias at a glance.
How Traders Use It:
As a trend-following system to stay aligned with dominant market direction.
As a volatility filter to avoid false breakouts during choppy conditions.
This strategy is best suited for traders who prefer objective, volatility-adaptive momentum tracking rather than fixed indicator levels.
Disclaimer:
This tool is designed for educational and analytical use only. Past results or chart examples do not guarantee future outcomes. Trading involves risk; use appropriate position sizing and risk control.
🟨 Author’s Instructions (Required Vendor Field)
To request access to this invite-only script, please contact me privately on TradingView or through the link in my profile signature.
Access is granted only upon explicit request — please do not request access in the comments section.
For additional documentation or support, visit my official Fincandle resources linked in my profile signature.
🟧 Release Notes Example (for updates)
Version 1.1 – Update:
• Improved trailing logic to reduce early signal reversals.
• Added adjustable Take Profit multiplier.
• Enhanced label readability on dark charts.
The Fincandle Momentum ATR Tracker is a dynamic momentum-based strategy that combines price action with the Average True Range (ATR) to identify high-probability trend shifts.
It works by tracking an adaptive ATR trailing line that adjusts with market volatility. When price crosses this trailing line, it signals potential momentum reversals and dynamically switches between long and short positions.
Key Concepts:
ATR-based Trailing Logic: Adapts to volatility, allowing the stop line to follow price action smoothly.
Momentum Confirmation: Crossovers between price and the trailing line identify early trend reversals.
Dynamic Targets: Uses ATR multiples for both stop-loss and take-profit placement, maintaining consistent risk-reward profiles.
Clean Visuals: Buy/Sell markers and colored bars highlight current bias at a glance.
How Traders Use It:
As a trend-following system to stay aligned with dominant market direction.
As a volatility filter to avoid false breakouts during choppy conditions.
This strategy is best suited for traders who prefer objective, volatility-adaptive momentum tracking rather than fixed indicator levels.
Disclaimer:
This tool is designed for educational and analytical use only. Past results or chart examples do not guarantee future outcomes. Trading involves risk; use appropriate position sizing and risk control.
🟨 Author’s Instructions (Required Vendor Field)
To request access to this invite-only script, please contact me privately on TradingView or through the link in my profile signature.
Access is granted only upon explicit request — please do not request access in the comments section.
For additional documentation or support, visit my official Fincandle resources linked in my profile signature.
🟧 Release Notes Example (for updates)
Version 1.1 – Update:
• Improved trailing logic to reduce early signal reversals.
• Added adjustable Take Profit multiplier.
• Enhanced label readability on dark charts.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系fincandle。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
To request access to the Fincandle Momentum ATR Tracker, please contact me via TradingView private message.
Access is granted manually to verified users.
For more details, you can also visit the link provided in my Signature.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系fincandle。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
To request access to the Fincandle Momentum ATR Tracker, please contact me via TradingView private message.
Access is granted manually to verified users.
For more details, you can also visit the link provided in my Signature.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。